CI High Yield Bond Corporate Class

Series F CAD
 

Fund overview

The fund invests in high-yield corporate bonds and other income-producing securities throughout the world.

Fund details

description of elementelement value
Inception date January 2012
CAD Total net assets ($CAD)
As at 2025-03-28
$42.0 million
NAVPS
As at 2025-04-23
$14.5287
MER (%)
As at 2024-09-30
0.87
Management fee (%) 0.60
Asset class High Yield Bond
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.0333
Average Credit Rating BB-

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

T5 T8
F 4262 462T5 962T8
A ISC 2262
DSC 3262
LL 1262
ISC 162T5
DSC 262T5
LL 362T5
ISC 662T8
DSC 762T8
LL 862T8
E 16132 16432
I 5342
O 18132 18432
P 90265

Performance2 As at 2025-03-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
0.75% -0.91% 0.75% 2.15% 7.78% 5.29% 7.85% 4.51% 5.17%
*Since inception date

Distribution history3

Payable date Total
2025-03-28 0.0333
2022-03-25 0.2353
2021-03-26 0.0307
2020-12-18 0.0977
2020-09-25 0.0979
Payable date Total
2020-06-26 0.0715
2020-03-20 0.1612
2019-12-13 0.1515
2019-09-27 0.1437
2019-06-21 0.1413

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.00%
$500,000 - $1,000,000 0.00%
$1,000,000 - $2,500,000 0.13%
$2,500,000 - $5,000,000 0.18%
$5,000,000 and above 0.25%

FUND CHARACTERISTICS

Average Coupon % 6.39
Duration 3.38
Yield 7.12

RATING SUMMARY (%)

BBB 17.58
BB 46.27
B 30.83
NR 3.96
Average Credit Rating BB-

*Corporate and Government bonds only.

CI High Yield Bond Corporate Class

Series F CAD
 
Portfolio allocations5 As at 2025-03-31
Asset allocation (%)
  • Foreign Corporate Bonds 71.79
  • Canadian Corporate Bonds 17.26
  • Cash and Equivalents 7.16
  • Canadian Government Bonds 1.54
  • Canadian Equity 1.26
  • US Equity 0.93
  • Other 0.05
  • International Equity 0.01
Sector allocation (%)
  • Fixed Income 90.12
  • Cash and Cash Equivalent 7.16
  • Financial Services 0.65
  • Consumer Goods 0.57
  • Consumer Services 0.47
  • Real Estate 0.34
  • Energy 0.34
  • Mutual Fund 0.28
  • Other 0.06
  • Healthcare 0.01
Geographic allocation(%)
  • United States 72.11
  • Canada 24.64
  • Cayman Islands 1.41
  • Luxembourg 1.25
  • Australia 0.36
  • Ireland 0.17
  • Other 0.05
  • United Kingdom 0.01
Underlying fund allocations
Sector (%)
1. CI High Yield Bond Fund Class I Fixed Income 99.78%
Top holdings
Sector (%)
1. CASH Cash and Cash Equivalent 4.48%
2. Boeing Co 3.75% 01-Aug-2049 Fixed Income 1.86%
3. Royal Bank Of Canada 7.41% 24-Aug-2173 Fixed Income 1.55%
4. Venture Global Lng Inc 9.00% 30-Mar-2173 Fixed Income 1.31%
5. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.26%
6. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.11%
7. Canada Goose Inc Term Loan B 7.94% 07-Oct-2027 Fixed Income 1.09%
8. Altagas Ltd 7.20% 15-Oct-2054 Fixed Income 1.07%
9. Enbridge Inc 6.00% 15-Jan-2027 Fixed Income 1.02%
10. Inter Pipeline Ltd 6.63% 19-Nov-2079 Fixed Income 1.02%
11. Venture Global Clcsieu Pss LLC 3.88% 01-Nov-2033 Fixed Income 1.02%
12. Hilton Domestic Oprtng Co Inc 5.88% 15-Mar-2033 Fixed Income 1.01%
13. Medline Borrower LP 3.88% 01-Apr-2029 Fixed Income 1.01%
14. Barclays Bank Plc 6.28% 15-Dec-2171 Fixed Income 0.99%
15. Empire Communities Corp 9.75% 01-May-2029 Fixed Income 0.96%

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
Brad Benson
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